Justin,
That is correct that is not true that you must always include a 1099-Q on your tax return.
On the back of the form, instructions to recipient"reads:"Distributions from Coverdell education savings accounts (CESAs) under section 530 and qualified tuition programs (QTPs) under section 529, including rollovers, may be taxable. Nontaxable distributions from CESAs and QTPs are not required to be reported on your income tax return. [emphasis added] You must determine the taxability of any distribution. See Pub. 970 and the Instructions for Forms 1040 and 1040-SR for more information. Also see Form 5329 and its separate instructions."
@kobs2019
@grandpa11
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